To cut 1930s jobless, FDR taxed corps and rich. Govt used money to hire many millions. Worked then; would now again. Why no debate on that?
Richard D. WolffIf you lived with a roommate as unstable as this economic system, you would’ve moved out or demanded that your roommate get professional help.
Richard D. WolffIn America, we debate everything except capitalism. If there's an institution in your society that's above criticism, you're giving it a free pass to indulge all of its weaknesses and darker tendencies.
Richard D. WolffThe more successful capitalists are in cutting their wage costs, the less money workers will have to buy back what those same capitalists produce. It's a contradiction.
Richard D. WolffMoving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth.
Richard D. WolffA cooperative enterprise is the key alternative to a traditional capitalist enterprise. All the workers, whatever they do inside an enterprise, have to be able to participate in collectively arriving at the decisions about what, how, where to produce, and what to do with the profits in a democratic way. One person, one vote should decide how these things are done.
Richard D. Wolff